[1] US Vice President Mike Pence said Tuesday the Donald Trump administration is to “review and reform” the free trade pact with South Korea, citing growing trade deficits and “too many barriers” for American firms.

* pact: 협정, 약속

* cite: ~을이유나예로들다, 인용하다

* trade deficit: 무역수지적자

[2] At a meeting of the American Chamber of Commerce in Seoul, Pence said since the two countries’ trade agreement took effect five years ago, the US’ deficit has more than doubled, calling it the “most concerning fact.”

* take effect: 발효되다

* double: 두배로늘어나다 (참고: triple, quadruple)

* concerning: 우려되는

[3] On the campaign trail, Trump criticized the South Korea-US free trade agreement as a “job killer” especially for the US auto industry, and immediately pulled out of the 12-nation Trans-Pacific Partnership after taking office.

* on the campaign trail: 유세, 선거동안

* criticize: 비난하다

* pull out: 빠져나오다

* take office: 취임하다

[4] But Pence’s remarks represent the most explicit signal yet the administration will push for a renegotiation of the bilateral deal.

[1] Amid Citibank Korea’s recent decision to close down 80 percent of its physical branches nationwide, industry insiders are waiting to see how this bold push for non-face-to-face banking will stir the domestic banking industry.

* close down: 문을닫다, 폐점하다

* bold: 과감한

* face-to-face: 대면

* stir: 휘젓다, 흔들다

[2] Citibank said slashing 101 branches is part of the company’s next generation of consumer banking strategy that emphasizes enhanced digital channels.

* slash: 칼등으로찢다, 대폭으로줄이다

* consumer banking: 소비자금융

* enhanced: 발전된, 향상된

[3] In lieu of physical bank branches, the local unit of the US corporation will be introducing its new Client Engagement Center, which is said to utilize diverse nonphysical channels such as internet phone, mobile applications and ATMs. The dramatic shift toward information technology convergence means only 32 Citi branches will remain nationwide.

* in lieu of: 대신

* is said to ~ : ~으로알려졌다

* convergence: 융합

[4] According to a press statement by the company Thursday, more than 95 percent of all its customer financial transactions already happen via non-face-to-face transactions. The move is purportedly intended to help minimize the “hassle of visiting a branch and waiting.”